LONDON: Roman Abramovich’s 19 years as Chelsea owner is closer to ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.
The government had to be sure that Abramovich, who was sanctioned over his links to Russian President Vladimir Putin, did not profit from the enforced sale of the club that his investment turned into one of the most successful in European football.
The reigning FIFA Club World Cup winners and 2021 European champions will be sold for 2.5 billion pounds ($3.1 billion) — the highest price ever for a sports team — once Premier League approval is granted.
Chelsea has been operating under a government license since Abramovich’s assets were frozen in March and it expires on May 31.
“Following extensive work, we are now satisfied that the full proceeds of the sale will not benefit Roman Abramovich or any other sanctioned individual,” the British government said in a statement released Wednesday. “We will now begin the process of ensuring the proceeds of the sale are used for humanitarian causes in Ukraine, supporting victims of the war.
“The steps today will secure the future of this important cultural asset and protect fans and the wider football community.”
It was a hotly-contested sale process following Russia’s invasion of Ukraine three months ago and Boehly’s group had to guarantee 1.75 billion pounds ($2.2 billion) of investment in the team to be chosen as the new owners.
Chelsea had already agreed earlier this month to a deal with the consortium that features Boehly along with Dodgers principal owner Mark Walter, Swiss billionaire Hansjorg Wyss, and funding from private equity firm Clearlake Capital.
Chelsea fans have become accustomed to lavish funding in the 19 years under Abramovich’s ownership, with more than $1 billion net spending on players who have helped the men’s team win 21 trophies.
Abramovich, who has not condemned the war, has said he would write off loans of more than 1.5 billion pounds ($1.9 billion) to Chelsea but that has been complicated by the sanctions put in place by the British government.
Chelsea’s ability to sell match tickets and commit to new player spending has been curbed by the sanctions.
The certainty is that Chelsea will be playing in the Champions League next season after finishing third in the Premier League last Sunday despite the off-field turmoil. The women’s team won a league and cup double with a squad funded by Abramovich’s investment.
Chelsea had won the men’s championship only once — in 1955 — when Abramovich bought the club in 2003. Helped by expensive signings, the club won the Premier League two years later and has added four more since then, most recently in 2017.
Investment is needed in Stamford Bridge. Chelsea has the smallest and most dated stadium of the Premier League’s most successful clubs, with plans for a rebuild of the 41,000-capacity venue put on hold by Abramovich in 2018 when British-Russian diplomatic tensions deepened.
The $3.1 billion cost of Chelsea eclipses the $2.3 billion paid in 2018 for the NFL’s Carolina Panthers.
As well as being part owner of the MLB’s Dodgers, Boehly also has minority stakes in the NBA’s Los Angeles Lakers and WNBA’s Los Angeles Sparks.
UK govt approves sale of Chelsea by sanctioned Abramovich
https://arab.news/wtdpm
UK govt approves sale of Chelsea by sanctioned Abramovich
- Abramovich was sanctioned over his links to Russian President Vladimir Putin
- Chelsea has been operating under a government license since Abramovich’s assets were frozen in March and it expires on May 31
Sandhagen to face Nurmagomedov at UFC fight night in Abu Dhabi
- The event will take place at the Etihad Arena on Aug 3
ABU DHABI: UFC has announced that its return to Abu Dhabi will see No. 2 ranked bantamweight Cory Sandhagen face No. 9 ranked Umar Nurmagomedov on Saturday, Aug. 3 at Etihad Arena.
Tickets for the event, held in partnership with the Department of Culture and Tourism — Abu Dhabi go on sale from on Tuesday, May 7
Sandhagen, with a record of 17-4 and fighting out of Aurora, Colorado, returns to the UAE capital to cement his status as top contender in the bantamweight division. The Colorado native boasts wins over Rob Font, Chito Vera, and soon-to-be UFC Hall of Famer Frankie Edgar. He now hopes for a convincing win over rising star Nurmagomedov to make his case for a title shot.
Nurmagomedov, 17-0, fighting out of Chelyabinsk, Russia, looks to put the division on notice by taking out a top-ranked opponent and making his first Octagon appearance in Abu Dhabi. He made his mark in the division after delivering dominant performances over Raoni Barcelos, Brian Kelleher and Sergey Morozov.
Now, he sets his sights on securing the biggest win of his career by getting his hand raised against Sandhagen.
Al-Itttihad fined $37,000 for King’s Cup misconduct
- The reigning Saudi Pro League champions lost 2-1 to Al-Hilal last week in the semifinals of the Kingdom’s renowned competition
RIYADH: Al-Ittihad Football Club have been fined $37,000 (SR140,000) for misconduct by players and fans in its recent 2-1 defeat by Al-Hilal in the semi-final of the King’s Cup.
A statement issued by the Saudi Arabian Football Federation’s disciplinary and ethics committee said Abderrazak Hamdallah and Saad Al-Mousa were each fined around $5,300 for not fulfilling their post-match media duties.
The committee also imposed a fine of $27,000 on the Jeddah club after fans threw bottles at opposition players from the stands. Nobody was harmed as a result of the incidents.
The authorities stressed that the three decisions are not subject to appeal.
Mitchell rallies Cavs for series-clinching Game 7 win over Magic
- Cavs move on to second round a year after a stinging first-round loss to the New York Knicks
- The Celtics will host Game 1 of their Eastern Conference semifinal series on Tuesday
LOS ANGELES: Donovan Mitchell and the Cleveland Cavaliers silenced the young guns of Orlando, beating the Magic 106-94 in Game 7 of their NBA playoffs first-round series Sunday to book a meeting with Eastern Conference top seeds Boston.
It was another magisterial performance from Mitchell, who scored 39 points two days after pouring in 50 in the Cavs’ Game 6 defeat.
This time he had plenty of scoring support from teammates as the Cavs erased an 18-point second-quarter deficit to clinch a series in which the home team won every game.
Caris LeVert scored 15 points off the bench and Max Strus scored 11 of his 13 points in the third quarter, when the Cavs outscored the Magic 33-15 to take charge.
Evan Mobley scored 11 points with 16 rebounds and five blocked shots and Darius Garland chipped in 12 points to help Cleveland withstand a 38-point performance from Paolo Banchero.
The Cavs, with starting center Jarrett Allen sidelined a third straight game with bruised ribs, moved on to the second round a year after a stinging first-round loss to the New York Knicks.
“I didn’t want to go home,” Mitchell said of the mindset that saw him score 17 points in the third quarter as he virtually willed Cleveland to the lead.
The Magic delivered a strong first punch, Banchero scoring 10 points in the first period as Orlando grabbed a 24-18.
In the face of Orlando’s suffocating defense the Cavs connected on just six of 22 shots in the first quarter and didn’t make a three-pointer until Sam Merrill drilled one midway through the second quarter.
The Magic pushed their lead to as many as 18 points in the second quarter before the Cavs clawed back to cut the lead to single digits.
Banchero’s layup in the closing seconds of the first half saw Orlando take a 10-point lead into the break, but momentum was on Cleveland’s side and they overwhelmed the Magic in the third.
“I didn’t feel our confidence waver much, even when we had 18 points in the first quarter,” Mitchell said.
“They came out and jumped on us,” he added, saying the key was for the Cavs “to respond the way we did, keep plugging, just keep chipping away.”
Mitchell, again relentless in the paint, tied it at 64-64 with a floater and LeVert drained a pair of free throws to give the Cavs their first lead since the first quarter.
Strus hit back-to-back three-pointers as Cleveland built a 76-68 lead going into the final period.
The Cavs pushed their advantage to 14 points in the final frame, fans chanting “We want Boston” as the final minutes ticked off.
The Celtics will host Game 1 of their Eastern Conference semifinal series on Tuesday, and Mitchell vowed the Cavaliers will be ready for the team that posted the best record in the regular season.
“We didn’t make the group we made just to win the first round,” he said. “We accomplished one goal. Now we have to do it again.”
It was a crushing end to a strong season for the Magic, collectively the second-youngest team in the playoffs behind the Oklahoma City Thunder.
Wendell Carter Jr. scored 13 points and Jalen Suggs added 10 for the Magic, but Franz Wagner was held to just six as Orlando remained in search of a first playoff series victory since 2010.
Mitchell heaped praise 21-year-old Banchero, the top pick in the 2022 draft.
Banchero himself said the Magic’s fight back from 0-2 down in the series to force game seven “just shows where we’re headed.”
Sporting Lisbon win Portuguese league after Benfica stumble
- Last season’s victors stumbled 2-0 at Famalicao to complete Sporting’s triumph after Ruben Amorim’s triumphant side thrashed Portimonense 3-0 on Saturday
- Sporting will face Porto in the Portuguese Cup final on May 26, aiming to secure a double
LISBON: Sporting Lisbon were crowned champions of Portugal for only the second time in 21 years on Sunday after second-placed Benfica lost.
Last season’s victors stumbled 2-0 at Famalicao to complete Sporting’s triumph after Ruben Amorim’s triumphant side thrashed Portimonense 3-0 on Saturday.
Sporting, the division’s top scorers by far with 92 goals in 32 matches, are eight points clear of Benfica with just two games remaining.
Amorim’s side have lost just two times this season on the way to securing the club’s 20th league title, trailing Porto on 30 and record winners Benfica on 38.
Swedish forward Viktor Gyokeres’ goals have powered Sporting’s title success and he netted his 27th of the campaign on Saturday to wrap up their victory.
The striker signed from Coventry City last summer for a club record fee of 20 million euros ($21.5 million) plus add-ons.
It is the second league trophy brought to the club by former Benfica player Amorim, who led Sporting to glory in the 2020/21 season.
Sporting will face Porto in the Portuguese Cup final on May 26, aiming to secure a double.
’Almost dead’ Rublev battles illness to claim Madrid Open title
- The Russian world No. 8 said he was “almost dead every day” and could barely sleep this week after securing a career second Masters 1000 victory
- Rublev, who takes the Madrid crown from double champion Carlos Alcaraz whom he beat in the quarterfinals, said he had played despite feeling ill at times this week and hailed his doctors for helping him through
MADRID: Andrey Rublev won the Madrid Open with a hard-fought 4-6, 7-5, 7-5 victory over Felix Auger-Aliassime on Sunday to secure his second title of the year, despite battling with illness.
The Russian world No. 8 said he was “almost dead every day” and could barely sleep this week after securing a career second Masters 1000 victory.
Rublev had lost four consecutive matches before arriving in the Spanish capital but came from a set down to beat his Canadian opponent.
The 26-year-old triumphed at the Hong Kong Open in January but struggled since before turning around his form in Madrid, dropping just one set on the way to what proved a tense final.
“I think it was an incredible match, Felix deserved (in) the same way as me to win today and we showed a great battle together, I think the most important thing was that the people enjoyed it,” said Rublev on court.
“Our sport is like this, we cannot have both winners.”
Rublev, who takes the Madrid crown from double champion Carlos Alcaraz whom he beat in the quarterfinals, said he had played despite feeling ill at times this week and hailed his doctors for helping him through.
“If you knew what I had been through in the past nine days you would not imagine that I would be able to win a title,” he added.
“I was almost dead every day, I was not sleeping at night — the last three, four days I didn’t sleep.”
Auger-Aliassime reached the final after his opponent Jiri Lehecka retired hurt in the semifinals and quarterfinal opponent Jannik Sinner withdrew with a hip injury, with the ATP draw at the clay-court tournament struck by misfortune.
However, the 23-year-old Canadian, ranked 35th in the world, gave everything he had in his first Masters 1000 final appearance.
Auger-Aliassime started superbly by breaking to love in the first game and then again in the fifth game for a 4-1 lead.
Rublev recovered a break when Auger-Aliassime went long, and consolidated for a 4-3 deficit.
The Russian saved a set point to hold for 5-4 down but Auger-Aliassime clinched it at the second opportunity with a forehand down the line.
In the second set the Canadian held for 3-3 with a brilliant drop shot after Rublev spurned a break point.
They stayed on serve until the 12th game when Rublev brought up two set points, converting the second to take it to a deciding third set.
Rublev raced through his service games and put heavy pressure on his opponent’s serve, forcing a break point in the second game and two more in the fourth, none of which he could take.
Auger-Aliassime produced huge serves to fight his way out of tough spots, racking up 14 aces in the match to Rublev’s seven.
However Rublev dropped just three points on his serve in the third set, while Auger-Aliassime trailed in all of his service games but always battled back, until the decisive 12th game.
Auger-Aliassime double-faulted to hand Rublev the title, with the Russian falling to the floor in delight.
